HINDPETRO.NS - Hindustan Petroleum Corporation Limited

NSE - NSE Real Time Price. Currency in INR
243.40
+0.25 (+0.10%)
As of 1:55PM IST. Market open.
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Previous close243.15
Open248.00
Bid243.50 x 0
Ask243.45 x 0
Day's range241.55 - 248.00
52-week range233.45 - 484.35
Volume4,612,836
Avg. volume5,321,026
Market cap370.898B
Beta0.83
PE ratio (TTM)5.14
EPS (TTM)47.37
Earnings dateN/A
Forward dividend & yield5.00 (1.94%)
Ex-dividend date2018-06-28
1y target est372.11
  • IANSlast month

    GE Power bags Rs 220-cr order for HPCL's Vizag refinery

    New Delhi, Aug 21 (IANS) US multinational GE Power on Tuesday said it has won a Rs 220-crore order to supply a gas turbine and generator for the proposed captive power plant at state-run Hindustan Petroleum Corporation (HPCL)'s refinery at Visakhapatnam in Andhra Pradesh. GE Power said in a statement here that the order for supply of a 6F.03 gas turbine and a generator was placed by state-run Bharat Heavy Electricals Ltd (BHEL) which is the principal contractor for the project.

  • Reuters2 months ago

    Hindustan Petroleum tops profit estimates

    India's Hindustan Petroleum Corp Ltd posted an 86 percent jump in first-quarter profit on Wednesday, beating analysts' expectations, driven by strong refining margins. The state-controlled company said ...

  • Reuters2 months ago

    Indian Oil sells naphtha from Paradip refinery for first time in more than a year

    Indian Oil Corp (IOC) sold a naphtha cargo from its Paradip refinery this week, four traders that participate in the market said on Friday, in what was likely the first sale since May 2017. IOC sold up to 30,000 tonnes of naphtha on late Thursday in two separate cargoes for second-half August loading from Paradip to a trading house at discounts of about $14 a tonne to its own price formula on a free-on-board (FOB) basis, the traders said. IOC this year stopped exporting naphtha from Paradip, which can process 300,000 barrels per day (bpd) of crude, as it was using the fuel as feedstock for gasoline production, said the traders, who closely track Indian cargoes.

  • Reuters2 months ago

    State refiners drive India's July Iran oil imports to a record: trade sources

    India's monthly oil imports from Iran surged by about 30 percent to a record 768,000 barrels per day (bpd) in July, as state refiners' intake surged ahead of U.S. sanctions in November, preliminary tanker arrival data obtained by Reuters showed. The shipments also include some parcels that were loaded in June and arrived in India last month, the data obtained from trade sources showed. State refiners that had cut imports from Iran in 2017/18 due to a dispute over development rights of a giant gas field, have tied up significantly higher volumes for this fiscal year that began in April, drawn to the discounts offered by Iran.

  • Reuters2 months ago

    Exclusive: HPCL cancels Iran oil shipment after insurer excludes coverage - sources

    India's Hindustan Petroleum Corp (HPCL) cancelled the purchase of an Iranian oil cargo earlier this month after its insurance company refused to provide coverage for the crude because of U.S. sanctions, three sources with knowledge of the matter said. HPCL, India's third-biggest state-owned refiner, renewed its installation insurance, which protects against any accidents at its refinery or storage sites, in early July. India is the second-biggest buyer of Iranian crude after China and without insurance coverage to protect their plants, the country's refineries may have to cut off their imports earlier than anticipated.

  • Reuters2 months ago

    Nifty, Sensex end higher; banks, oil companies lead

    Indian shares snapped two straight sessions of losses on Tuesday, helped by gains in financial stocks such as ICICI Bank Ltd and oil companies including Hindustan Petroleum Ltd. The broader NSE Nifty closed ...

  • Reuters3 months ago

    Sensex rises, posting fifth straight winning week

    Indian shares closed higher on Friday, marking their fifth straight winning week, led by gains in financials such as Housing Development Finance Corp Ltd. The broader NSE Nifty closed 0.75 percent higher ...

  • What Do Analysts Think About Hindustan Petroleum Corporation Limited’s (NSE:HINDPETRO) Growth?
    Simply Wall St.3 months ago

    What Do Analysts Think About Hindustan Petroleum Corporation Limited’s (NSE:HINDPETRO) Growth?

    Looking at Hindustan Petroleum Corporation Limited’s (NSE:HINDPETRO) earnings update in March 2018, it seems that analyst forecasts are fairly pessimistic, with earnings expected to decline by -27.04% in the upcomingRead More...

  • May Top Dividend Paying Stocks
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    Balmer Lawrie is one of the top dividend stocks I think are worth considering today. Dividend stocks are a great way to hedge your portfolio as they provide both steadyRead More...

  • Reuters4 months ago

    HPCL fourth-quarter profit falls nearly 4 percent

    State-owned refiner Hindustan Petroleum Corp Ltd on Tuesday posted a nearly 4 percent fall in fourth-quarter net profit, hurt by higher expenses. Net profit was 17.48 billion rupees in the three months ...

  • Reuters5 months ago

    Sensex ends higher; IT stocks recover

    Indian shares ended higher on Wednesday, led by IT stocks such as Tata Consultancy Services Ltd, as the technology index recovered to close 0.55 percent higher after losing 4.3 percent over the previous ...

  • Bloomberg6 months ago

    India Asks Oil Retailers Not to Increase Fuel Prices

    India’s state-run oil retailers have been asked not to increase retail diesel and gasoline prices and absorb a part of the losses due to the recent recovery in global crude oil, people with knowledge of ...

  • Reuters6 months ago

    Asia Pacific dealmakers fear M&A slowdown will continue

    Dealmakers in Asia-Pacific have suffered their worst start to the year since 2014 and they fear the slowdown will continue as tougher regulatory scrutiny and rising trade war concerns hurt the region's outbound dealmaking. Asia Pacific's outbound deals dropped by 32 percent both in value and number of deals - a fall led by China, home to the region's most active buyers since 2015, whose companies launched nearly 20 percent fewer cross-border deals than by this time last year, according to Thomson Reuters data.

  • Reuters6 months ago

    Sensex, Nifty rebound from two-day losing streak; banks recover

    Indian shares snapped a two-day losing streak on Monday as a recovery in financial stocks such as Yes Bank Ltd offset declines in IT stocks such as Wipro Ltd. Yes Bank led the gains on the NSE index, ending ...

  • Reuters8 months ago

    HPCL third-quarter profit rises 23 percent

    State-owned oil refiner Hindustan Petroleum Corp Ltd's profit rose 22.6 percent in the third quarter, beating estimates. Profit rose to 19.50 billion rupees , compared with 15.90 billion rupees a year ...

  • Bloomberg8 months ago

    ONGC Is Said to Plan $4.8 Billion Indian Oil, GAIL Stake Sale

    Oil & Natural Gas Corp. plans to sell its holding in two state-run energy companies within a year to repay debt it raised to fund the purchase of the Indian government’s stake in Hindustan Petroleum Corp., ...

  • Reuters8 months ago

    India sees scope for more integration among state energy companies

    India could see more integration among state oil companies, its oil minister said on Monday, following top producer ONGC's $5.8 billion deal last week to buy a majority stake in refiner Hindustan Petroleum Corp Ltd. India wants to build bigger oil companies to better compete with global energy giants and withstand oil price volatility through integration of state-run oil firms.

  • Reuters8 months ago

    ONGC shares rise on deal to buy majority stake in HPCL

    Shares of Oil and Natural Gas Corp Ltd jumped as much as 6.3 percent on Monday after the explorer said it would buy a majority stake in refiner Hindustan Petroleum Corp Ltd for a smaller premium than expected. The gains, which took ONGC's shares to their highest in nearly one year, came after India's biggest explorer said on Saturday it would pay 369 billion rupees ($5.77 billion) for a 51.1 percent stake in HPCL from the government at 473.97 rupees per share. HPCL shares, however, fell as much as 4.3 percent as the premium paid was only about 14 percent higher than Friday's closing price, smaller than expected.

  • IANS8 months ago

    Various options available to fund HPCL deal: ONGC

    New Delhi, Jan 21 (IANS) Oil and gas explorer ONGC on Sunday said that various "options" including internal accruals and short-term borrowing are available to fund its acquisition of HPCL. "We have various options available with us to fund this deal," Shashi Shanker, Chairman and Managing Director of ONGC, told a press briefing here, a day after the central government entered into an agreement with the oil and gas explorer for strategic sale of its equity share-holding in HPCL. According to Shanker, acquisition of the Central government's 51 per cent stake in HPCL worth over Rs 36,900 crore can also be done through the combination of various options available with ONGC.

  • India’s Top Oil Explorer May Raise $5.48 Billion to Buy Hindustan Petroleum
    Bloomberg8 months ago

    India’s Top Oil Explorer May Raise $5.48 Billion to Buy Hindustan Petroleum

    India’s biggest oil and gas explorer has widened its first debt-raising plan to as much as $5.48 billion to buy state-run refiner Hindustan Petroleum Corp.

  • Reuters8 months ago

    ONGC to buy majority stake in refiner HPCL for $5.78 billion

    India's biggest explorer Oil and Natural Gas Corp (ONGC) has agreed to buy the government's majority stake in state-refiner Hindustan Petroleum Corp for 369 billion rupees ($5.78 billion), ONGC said on Saturday. It will pay a premium of about 14 percent on HPCL's current market price for the 51.1 percent stake, the company said in a statement to the stock exchange. The deal is part of the government's objective to combine various public sector enterprises "to give them the capacity to bear higher risks" and create more value for shareholders, ONGC said.

  • IANS8 months ago

    ONGC to buy government's 51.11% stake in HPCL for Rs 36,915 cr

    New Delhi, Jan 20 (IANS) State-run Oil and Natural Gas Corporation Ltd (ONGC) will acquire the government's 51.11 per cent equity share-holding in Hindustan Petroleum Corporation Ltd (HPCL) at a consideration of Rs 36,915 crore. Through the single share sale, the Centre would be able to meet half of its disinvestment target of Rs 72,500 crore for 2017-18. "The Government of India has entered into an agreement with ONGC today (Saturday) for strategic sale of its 51.11 per cent equity share-holding in HPCL at a consideration of Rs 36,915 crore," a statement said.

  • Bloomberg8 months ago

    India Mulls Selling HPCL at Not More Than 9% Premium

    India is considering a plan to sell its ownership in Hindustan Petroleum Corp. to the nation’s biggest explorer at a premium of not more than 9 percent of the company’s six-month average share price as ...

  • Reuters8 months ago

    PM Modi launches $6.8 billion refinery in Rajasthan

    Indian Prime Minister Narendra Modi on Tuesday launched the construction of a $6.8 billion refinery in the western state of Rajasthan, hopeful to lift national capacity to meet the surge in fuel demand. The 180,000-barrel-per-day refinery and petrochemical project in the state bordering Pakistan is being built by the country's third-biggest state refiner Hindustan Petroleum Corp Ltd (HPCL) in a tie-up with the state government. The foundation stone for the project was first laid in September 2013 by the then ruling Congress Party chief Sonia Gandhi.

  • IANS9 months ago

    Sales boost OMCs' stock outlook, margins more important: Jefferies

    New Delhi, Dec 12 (IANS) Higher sales remain a tailwind for Indian state-run oil marketing companies (OMCs), US investment banker Jefferies' Indian arm said on Tuesday, reaffirming its 'Buy' rating on ...